ALEX ADJMI
Owner
ALEX ADJMI portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$323.8 million – retail 47%, mixed-use 22%; Manhattan 42%, Brooklyn 29%
185th largest portfolio by dollar value
990,615 sqft – retail 53%, mixed-use 29%;
333th largest by SF
61 properties – Brooklyn 42%, Queens 29%
96th largest
111 residential units – Brooklyn 73%, Manhattan 26%
687th largest by residential units
0 foreclosures, 0 bankruptcies, 1 other court case.
Person Activity past 24 months:
Buyer signatory: 0 for $0
Seller signatory: 0 for $0
Borrower signatory: 1 for $11 million
Lender signatory: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
Signature Bank (2), Hysen Mehmetaj (1), Vincent Theurer (1), Valley National Bank (1), Ponce Bank (1), Citibank (1), Glass family (1), EcoRise Development (1)
Top Ten Associated People:
Hysen Mehmetaj (1), Vincent Theurer (1), Leo J. Kuba (1), Carlos P. Naudon (1), Laurel Ferrari (1), Dennis Glass (1)
Recent activity as signatory:
• ACHS Management borrowed $11 million from Valley National Bank for 73-97 Empire Boulevard, Crown Heights, Brooklyn on July 12, 2024.
• ACHS Management sold 38 Westchester Square, Westchester Square, Bronx for $5.9 million to Vincent Theurer on June 03, 2022.
• ACHS Management sold 35 Westchester Square, Westchester Square, Bronx for $4.7 million to Hysen Mehmetaj on May 16, 2022.
• Alex Adjmi borrowed $10 million from Signature Bank for 73-97 Empire Boulevard, N/A Mc Keever Place, and 99 Empire Boulevard, Crown Heights, Brooklyn on April 27, 2021.
• Glass family sold 73-97 Empire Boulevard, N/A Mc Keever Place, and 99 Empire Boulevard, Crown Heights, Brooklyn for $15.2 million to Alex Adjmi on April 27, 2021.
• Ponce Bank sold 28 East 170th Street, Longwood Melrose, Bronx for $4.7 million to Alex Adjmi on August 06, 2020.
• ACHS Management borrowed $5.1 million from Signature Bank for 28 East 170th Street, Longwood Melrose, Bronx on August 06, 2020.
• ACHS Management borrowed $21.5 million from Citibank for 116 7th Avenue, Chelsea, Manhattan on April 02, 2020.
• ACHS Management sold 100 Livingston Street, Brooklyn Heights, Brooklyn for $10.5 million to EcoRise Development on February 04, 2020.
• Alex Adjmi filed plans for new building for 160,719 sqft in Boerum Hill, Brooklyn, on March 25, 2013.
Latest Stories:
• Adjmi, Bridges file demo plans in Crown Heights, no new plans filed June 06, 2023
• Hysen Mehmetaj pays $4.7M to Alex Adjmi for retail in Westchester Square May 17, 2022
• Alex Adjmi pays $15.2M to Glass family for retail in Crown Heights April 28, 2021
• Alex Adjmi borrows $5.1M from Signature Bank to buy retail in Longwood Melrose August 07, 2020
Litigation: